Well, lossless compression implies understanding. Lossy compression may or may not imply understanding.
Also, usually you can get a lossy compression algorithm from a lossless one. In image compression, the lossless method would typically be to send a scene description plus a low-entropy correction image; you can easily save bits by just skipping the correction image.
I emphasize lossless compression because it enables strong comparisons between competing methods.
Well, lossless compression implies understanding.
Not really, at least not until you start to approach Kolmogorov complexity.
In a natural image, most of the information is low level detail that has little or no human-relevant meaning: stuff like textures, background, lighting properties, minuscule shape details, lens artifacts, lossy compression artifacts (if the image was crawled from the Internet it was probably a JPEG originally), and so on.
Lots of this detail is highly redundant and/or can be well modeled by priors, therefore a lossless compression a...
Some of you may already have seen this story, since it's several days old, but MIT Technology Review seems to have the best explanation of what happened: Why and How Baidu Cheated an Artificial Intelligence Test
(In case you didn't know, Baidu is the largest search engine in China, with a market cap of $72B, compared to Google's $370B.)
The problem I see here is that the mainstream AI / machine learning community measures progress mainly by this kind of contest. Researchers are incentivized to use whatever method they can find or invent to gain a few tenths of a percent in some contest, which allows them to claim progress at an AI task and publish a paper. Even as the AI safety / control / Friendliness field gets more attention and funding, it seems easy to foresee a future where mainstream AI researchers continue to ignore such work because it does not contribute to the tenths of a percent that they are seeking but instead can only hinder their efforts. What can be done to change this?